Gold News

Russia’s 2019 Gold Rush Continues: Buys 600,000 Ounces of Gold In March

– Russia buys 18.7 tonnes of gold bullion in March 2019– Russia’s official gold holdings are now 2,150.5 tonnes which as a percent of foreign exchange reserves in gold is 19.1% (see table)– Russia liquidated 85% of its US Treasury holdings in just two months in April and May 2018– Russia dumped over $90 billion […]

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When Should You Sell Your Gold and Silver? (GoldCore Video)

Watch Video Here – Your family who once dismissed you as a crazed gold bug, now herald you as an investment guru!– When there is widespread confidence in the dollar, euro, pound and all fiat currencies– When the next financial and monetary crisis is over and a degree of stability and sanity prevails!– When the […]

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Understanding Gold: A Step By Step Guide To Gold As An Asset Class

by Eoin Treacy via Proactive Investors Gold is the world’s most polarising asset. People either love it or hate it. You’ll be denigrated a gold bug for owning it, or an ignorant moron for not. There are good reasons for this division. Gold’s position is an odd one thanks to its characteristics, history and the […]

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World Trade Suffers Biggest Collapse Since Financial Crisis

via Zero Hedge The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The Telegraph. Data from the CPB Netherlands Bureau for Economic Policy Analysis revealed that world trade volume dropped 1.8% in the three months to January compared […]

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Exclusive Offer: Secure Gold and Silver Storage In Zurich For Free For Six Months

Own actual bullion coins and bars and avoid ETF and Digital or ‘.com’ gold and silver. Offers ends this Thursday, April 18 Given the many risks of today, we believe precious metal buyers should own gold and silver coins and bars in at least two jurisdictions and avoid digital and ETF gold. For three more […]

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There Is Too Much Debt In The World – World Bank

World Bank President, David Malpass, warns there is too much debt in the world and blames China rather than U.S. China has lent trillions of dollars to other countries, including the U.S. “There are challenges facing the world in terms of how do you have transparent projects that are high quality, where the debt is […]

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How to Store Gold in an Uncertain World

The 4 Most Important Questions You Need to Ask How to store your gold once you have invested in precious metals is the most important question that you need to answer. In this video update GoldCore CEO Stephen Flood, draws on 24 years of experience in financial markets to give you a framework to understand […]

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The ECB Is Struggling With Inflation, Interest Rates and The Outlook

by Ferdinando Giugliano via Bloomberg For the best part of a decade, politicians and investors have looked at the European Central Bank as a guiding light through uncertain economic times. They may need to adapt to a new reality. On three important questions for the future of the euro zone, the ECB just cannot make its […]

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Russia Dumps U.S. Dollars and Buys Gold As “Safety Metal”

(Bloomberg) — Vladimir Putin’s quest to break Russia’s reliance on the U.S. dollar has set off a literal gold rush. Within the span of a decade, the country quadrupled its bullion reserves, and 2018 marked the most ambitious year yet. And the pace is keeping up so far this year. Data from the central bank show […]

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How A ‘No Deal’ Brexit Could Lead To The “Lehmanization” Of Europe

(The Telegraph) — Odds of a ‘no deal’ Brexit next week have risen markedly, as the Commons fails to coalesce around a viable alternative to Theresa May’s deal, while once again rejecting the “best possible deal” negotiated between the prime minister and the EU27, albeit by a smaller, yet still considerable, margin than in the […]

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Silver Bullion Set to Soar to $50 an Ounce (GoldCore Video)

– Silver bullion is the most undervalued precious metal, commodity and asset today – Silver very rarely covered in the media and thus the fundamentals are not understood – Supply demand fundamentals are very positive indeed as seen in recent report from Capital Economics – While industrial demand may weaken, investment and safe haven demand […]

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Perth Mint’s Gold Bullion Sales Surge 68% In March

Perth Mint’s Gold Bullion Sales Surge 68% In March  (Reuters) – The Perth Mint said on Monday its gold products sales in March surged about 68 percent from the previous month, touching the highest level since November last year. Sales of gold coins and minted bars in March rose to 32,757 ounces from 19,524 ounces […]

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7 Reasons To Worry About the Global Economy In Charts

a) Trade Uncertainty: Global trade has seen a sharp downturn in recent months b) Policy Uncertainty: Brexit, U.S., China & global economic policy uncertainty surges c) Financial Conditions: Financial markets are beginning to show signs of stress d) Dollar Strength: Greenback strength impacts emerging markets such as Turkey e) Economic Surprises: Economic data globally has […]

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London Property Slide Worsens With Biggest Drop Since 2009

via Bloomberg – 3.8% fall y/y in Q1, the seventh straight decline in values – Nationwide – Nationally, U.K. real-estate market remains ‘subdued’ – Some of the weakness relates to Brexit as economic uncertainty impacts sentiment London continued to lead the U.K.’s weakening property market at the start of 2019, with prices falling the most since the […]

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London Property Slide Worsens With Biggest Drop Since 2009

via Bloomberg – 3.8% fall y/y in Q1, the seventh straight decline in values – Nationwide – Nationally, U.K. real-estate market remains ‘subdued’ – Some of the weakness relates to Brexit as economic uncertainty impacts sentiment London continued to lead the U.K.’s weakening property market at the start of 2019, with prices falling the most since the […]

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EU Countries Must Seek ECB Approval to Manage Gold Reserves – Draghi

– EU countries must seek ECB approval to manage gold reserves: Draghi – European Central Bank in effect tells euro-zone countries your gold is the ECB’s by Francesco Canepa on Reuters The European Central Bank needs to approve any operation in the foreign reserves of euro zone countries, including gold and large foreign currency holdings, the ECB’s President […]

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Global Risks Increasing – Underlining The Case For Gold in 2019 (GoldCore Video Presentation)

Global Risks Increasing – Underlining The Case For Gold in 2019 Video presentation by Research Director of GoldCore, Mark O’Byrne, on the strong case for gold due to increasing global uncertainty and risks. Topics, slides and charts considering – “Gold tends to increase in periods of systemic risk” – “Gold outperforms stocks and bonds in […]

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Brexit and Learning To “Live With Boom and Bust Economic Cycles”

by John Downing via Independent.ie Generations of people have learned to live with boom and bust economic cycles. Years of relative plenty were followed, as night follows day, by grief including high unemployment and forced emigration on a large scale. In fact, if you go back much beyond the late 1960s, it would not be […]

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Gold Gains On Recession Concerns and ‘No Deal’ Brexit Risks

– Gold gains due to concerns about slowing growth, monetary and geopolitical risks – Increasing possibility of ‘No Deal’ Brexit heightens recession risks in UK, Ireland – Brexit uncertainty is impacting UK & Irish economies; Likely do long term damage – UK sees sharp slowdown in mortgage approvals in February as housing market slows – […]

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America’s “Debt Crisis Is Coming Soon”

– America’s “debt crisis is coming soon” warns economist Martin Feldstein – To avoid economic distress, the government has to reduce future entitlement spending – The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt According to the Congressional Budget Office, the deficit this year […]

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